PMI warns DB could return if DC fails to deliver for members

clock

Pension scheme arrangements could come "full circle" if defined contribution schemes fail to deliver for savers, the Pensions Management Institute says.

President Steve Delo said although DC schemes appeared to be the "easy" option as they removed the worry of longevity, employers could face outbreaks of administrative and legal issues if plans fai...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: How to manage your journey to settlement

Partner Insight: How to manage your journey to settlement

Alana Corbett, Senior Consultant, Aon
clock 20 November 2024 • 4 min read
Partner Insight: Beyond the numbers - supporting vulnerable pensioners

Partner Insight: Beyond the numbers - supporting vulnerable pensioners

Just Group
clock 19 November 2024 • 4 min read
SPP: DB funding code will create clarity between funding, covenant and investment

SPP: DB funding code will create clarity between funding, covenant and investment

Survey finds 25% say code will establish ‘clearer TPR expectations’ for risk management

Martin Richmond
clock 14 November 2024 • 1 min read
Trustpilot